BYD and others are selling a lot of cars in China.
Tesla, not so much.
Obviously, its not a lack of electricity causing issues for Tesla.
As Dawes would say its a "little bit of everything". There's only a need for so many expensive EVs, and then you reach saturation. This dashes the production constrained, incredible growth scenario and the very reason for Tesla's insanely high stock price. Down it comes. Unless Musk announces the Tesla Aircraft Division at ER, its not going to be pretty,
Drink that Koolaid quietly. Tesla is falling fast.
Sales down big time.
So much for production constrained.
Is it possible to pickup a new Model S without waiting?
I know the stores have used or demo cars, but can you still sometimes
get new ones? For awhile I was being told you occasionally can get a new one
right away. Was that a fluke, or something that will be more common as the X is launched?
In an interview with Bloomberg TV's Guy Johnson, Tesla CEO Elon Musk said he thinks the current price is "more than we have the right to deserve."
"The stock price that we have is more than we have any right to deserve. I'm not going to sit here and say we deserve every penny of that. I think it's more than we have any right to deserve.
On two other occasions he mentioned to the effect that the stock price was
"kind of high"
Whats to interpret? How many other times have you heard a CEO comment that the stock was a bit high, over price, overvalued, or anything like that?
I think Elon was actually being honest and didnt want to see a bunch of people crazily bid up the stock to have it crash.
You're right, they CAN build them fast enough, and there hasnt been any production constraint for a long time.
Selling, thats another story, as demand does seem to need some stimulation. I think the referral fees to Model S owners is a great idea, but it does hint that demand is slowing. They should probably up the referral fees after the Model X launches. Heck, $1000 off on a Chevy might be a decent deal, but for a $80k car its peanuts.
Elon is very intelligent, but has a big ego.
He sometimes doesnt do the smart thing when he lets his ego do the talking.
Also, intelligence in one area doesnt always carry over to another.
Already did, and my stops are in. Its already pulled back nicely.
Down more than a dollar from the high.
Next few days will be fun, up and down.
Money to be made in both directions.
Been out of Taser for awhile, but saw it was getting beat up.
ER was good, guidance was soft for next quarter? Big deal.
Taser has a virtual monopoly on the weapon, and the camera is
doing very well. Large departments are lining up for the camera now.
Wow, thats crushing.
Read your agreement with Scottrade, they do this all the time so I'm sure its in there.
Not saying its right, just that I would doubt there's any action you can take against them.
nostra, Day trading designation occurs when you have too many roundtrips within a short period.
There is no limitation on someone who has been designated a
"day trader" in regards to how long they can hold a stock.
I wasnt clear. I dont think the $2k should apply to an X purchase if there's an excessive waiting list for it. Why have an incentive for a vehicle thats already basically sold?